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July 29, 2011

Metro Bank launches 0% credit card

The UKs Metro Bank is celebrating its first birthday with a 0% interest Thank You credit card for all existing and new customers.

By Verdict Staff

The UK’s Metro Bank is celebrating its first birthday with a 0% interest ‘Thank You’ credit card for all existing and new customers.

Pledging to do away with “stupid bank rules”, the bank will offer consumers a MasterCard credit card that 0% on purchases, 0% on balance transfers and 0% on cash advances for 12 months.

“We promised no stupid bank rules and this deal proves that one year after we first opened our doors, we are continuing to deliver on our promise,” said Craig Donaldson, CEO at Metro Bank.

Customers need a Metro Bank current account to be eligible for the offer. A 3% handling fee is applied to balance transfers on new credit card applications but no charge on balance transfers to customers with existing credit cards.

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